These accounts support holding money in multiple currencies, which translates to multiple balances. Currently, Lunch Money only supports a single balance per account, how do we handle these? 🤔
FYI, we just released a new account settings page where you can select which balance to sync into Lunch Money 🎉You can find out more in our most recent changelog here:
https://lunchflow.app/changelog.
Moving this to ‘Completed’ for now, but as always, any feedback is welcome!
Amr from Lunch Flow
•
Nov 3, 2024
I observed the following representations in GoCardless’s APIs:
1. Single account with multiple currencies
Stripe
PayPal
2. Each currency has its account
Wise
I contacted GoCardless and they shared that these representations will likely not change, as it’s up to each bank/institution to decide on how it shares its data. They also shared PSD3 will potentially bring more uniform data, but that’s a few years out.
Wise works correctly with the current setup, however, with Stripe and Paypal, only one balance is picked up, perhaps it’s worth syncing those balances into separate accounts? feel free to add your thoughts below 👇
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Amr from Lunch Flow
Feb 6, 2025
FYI, we just released a new account settings page where you can select which balance to sync into Lunch Money 🎉You can find out more in our most recent changelog here:
https://lunchflow.app/changelog.
Moving this to ‘Completed’ for now, but as always, any feedback is welcome!
Amr from Lunch Flow
Nov 3, 2024
I observed the following representations in GoCardless’s APIs:
1. Single account with multiple currencies
Stripe
PayPal
2. Each currency has its account
Wise
I contacted GoCardless and they shared that these representations will likely not change, as it’s up to each bank/institution to decide on how it shares its data. They also shared PSD3 will potentially bring more uniform data, but that’s a few years out.
Wise works correctly with the current setup, however, with Stripe and Paypal, only one balance is picked up, perhaps it’s worth syncing those balances into separate accounts? feel free to add your thoughts below 👇